FTSE 100 Down 0.4% In Cautious Trade
(RTTNews) - After a slightly positive start, U.K. stocks turned weak Thursday morning with investors treading cautiously amid a lack of triggers. Shares of financials and utilities companies are struggling a bit.
The benchmark FTSE 100, which edged up to 9,269.00 in early trades, was down 38.50 points or 0.42% at 9,217.00 a little while ago.
JD Sports Fashion is up 3%, extending recent gains. Anglo American Plc is advancing 2.3%, while Diageo, EasyJet, Intercontinental Hotels Group, Bunzl and Rio Tinto are up 1 to 1.5%.
WPP, Spirax Group, Antofagasta, Rentokil Initial, Weir Group, DCC, IAG and Prudential are up with moderate gains.
Aviva is down nearly 3%. LondonMetric Property, Land Securities, Endeavour iing, Auto Trader Group, RightMove and St. James's Place are down 2 to 2.5%.
Relx, Unite Group, Admiral Group, Babcock International, Vodafone Group, Centrica, SSE, Tesco, Next, British American Tobacco, Barclays, Natwest Group and Croda International are among the other notable losers.
European Shares Drift Lower Ahead Of US Inflation Reading
Antipodean Currencies Rise As Traders Await U.S. PCE Inflation Data
Asian Shares Mixed Ahead Of US PCE Inflation Data
NZ Dollar Advances Against Majors
Australian Dollar Rises Against Majors
European Shares Seen Mostly Lower Before US Inflation Data
Sensex, Nifty Struggle For Direction In Early Trade
